DryShips (DRYS) Says M/V Sorrento Successfully Delivered; Marks Completion of Vesel Sales

November 23, 2016 9:01 AM EST

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DryShips Inc. (Nasdaq: DRYS) announced that on November 22, 2016, it has successfully delivered the 2004 built Panamax bulk carrier M/V Sorrento to an unaffiliated third party buyer for a gross price of $6.7 million.

Following this delivery the Company has now completed all of the five vessel sales previously announced on October 31, 2016.

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